Payday Alternative Loan

Emergency cash—with a surprising twist

Did you know that a loan from one of those payday lenders has an effective rate of 400% or more? That’s no way to solve a cash crunch!

Since we’re a not-for-profit financial institution owned by our members, we’re only financially healthy when you are. Reliant members like you deserve safer, smarter options for emergency cash—something that helps, rather than makes the problem worse.

Reliant’s Payday Alternative Loan (PAL) has no application or renewal fees. Borrow up to $1,000 and repay over 12 months. You pay a sensible rate of 18% APR regardless of your credit score.

Fast cash now, a nest egg for later

Now here’s the kicker: An equal portion of the loan goes into a savings account until your loan is paid in full. After it’s paid off, the funds in your savings account are released. You benefit two ways—you solve your short-term cash problem, and get a head start to establishing an emergency fund you can build on!

How’s that for a real alternative to the payday loan trap? To apply, just call, click the “Apply Online” button, or visit your nearest Reliant FCU branch.

best rates

APR=Annual Percentage Rate
APY= Annual Percentage Yield
Rate dependent upon applicant creditworthiness.